Sign In Join 



BMW 3-Series Lease Questions

3200 messages,  Last post on Nov 25, 2009 at 7:08 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW, Car Leasing, Sedan, Wagon


Messages Page 259 of 321
1
...
256
257
258
259
260
261
262
...
321
Prev
Next
Last
Go To Msg #
Search This Discussion

#2573 of 3200
800 over invoice? by nharsh
Nov 25, 2008 (5:36 pm)
Reply
I wanted to lease a 328i 08 but dealer does not have any more. Instead dealer offered to order from factory 09 equipped with whatever I want and would charge 800 over invoice. Here are the details I was given:
 
                             Wholesale MSRP
2009 328I Sedan $30,730 $33,400
Jet black
Beige dakota leather
Premium package 3,050 3,335
Steptronic automatic transmission 1,260 1,325
Comfort access system 455 500
xenon headlights 730 800
Ipod usb adapter 365 400
MACO 300
Training 180
Destination charge 825
Suggested price $37,895 $40,600
 
I can sell you this vehicle for $38,695 plus tax, tags, and fees.
 
What are the MACO and training charges? Is that something I could negotiate. Also he mentioned that it would likely take 6-8 weeks to arrive. Would I still be able to get the special lease rates being offered now or would I have to take my chances on what the market rates are at the time of delivery?
 
Thanks for any help.
#2574 of 3200
Re: 800 over invoice? [nharsh] by kyfdx HOST
Nov 26, 2008 (4:13 am)
Reply

Replying to: nharsh (Nov 25, 2008 5:36 pm)

MACO is a regional advertising fee
Training is a separate line item on all BMW invoices
 
Those are both on his invoice (95% of BMW dealers pay MACO). If he is offering you $800 over invoice, then it is what it is.. You can try to negotiate lower, but not based on those two charges not being genuine.
 
If you order before the end of the month, then you can lock in the rates until the end of January. Some programs have a special 90 day rate lock, but you'll have to ask the dealer. If you do order and rate lock, be sure to get the dealer to agree to change to the new program, if it's better at time of delivery.
 
The nice thing about ordering? You don't pay for anything you don't want. Sometimes, that will save you more than looking for a great deal on an existing car.
 
regards,
kyfdx
#2575 of 3200
Re: 800 over invoice? [kyfdx] by nharsh
Nov 26, 2008 (9:38 am)
Reply

Replying to: kyfdx (Nov 26, 2008 4:13 am)

Thanks for the response. Is $800 over invoice a pretty decent deal. According to the TMV report it is but I am a little hesitant since this was his first offer.
#2576 of 3200
Re: 800 over invoice? [nharsh] by kyfdx HOST
Nov 26, 2008 (9:51 am)
Reply

Replying to: nharsh (Nov 26, 2008 9:38 am)

Looks good to me, on an '09 model....
#2577 of 3200
Re: 2008 335 and 650 convert lease rates [Car_man] by earth777
Nov 26, 2008 (12:52 pm)
Reply

Replying to: Car_man (Nov 25, 2008 3:40 am)

Thanks for the info. i am still trying to run down the issue about not locking the residual.
#2578 of 3200
Charity Auction '09 335i by whazupkids
Nov 28, 2008 (11:01 pm)
Reply
I will soon be attending a charity auction where a BMW dealer has donated a 1 year lease on a 2009 335i 4 door automatic. Here's the info:
 
"Enjoy a 15,000 mile, one .year lease on a 2009 BMW 335i 4 door automatic
 
Leather interior
 
6 – cylinder twin turbo engine
 
Sports .package
 
Premium package
 
iPod and USB adapter, satellite .radio and Bluetooth
 
MSRP – Purchase .price - $46,400"

 
I'm trying to figure out what would be a decent winning bid on this one year lease, and from what I can tell the it's worth about $6,899. I arrived at this # by:
 
$519 X 11 months = $5709
 
$3569 Drive Off for a 36 month lease, so divide by 3 (for only 12 mo) = $1190
 
$5709 + $1190 = $6899.
 
I do believe the winning bid is ALL one pays; I would be shocked if the dealer tried to add other fees afterwards. So if that's correct, then a winning bid of $6500 wouldn't be much of a steal, but around $5,500 or less would be....yes???
#2579 of 3200
328CI 2008 and 2009 by davidt1
Nov 29, 2008 (2:22 pm)
Reply
Hi Car_Man,
 
I have leased my last two BMWs after working with you and have made excellent deals each time as a direct result of your fantastic help. My lease is almost up and I am in need of the MFs and residuals for both the 2008 and 2009 328CI. Please let me know what rates you have for 12K/yr, 36 months term.
 
Thanks
David T
#2580 of 3200
2009 335 Convertible Lease by dbman
Nov 30, 2008 (8:02 pm)
Reply
Anyone have current MF and residual on a 2009 335 convertible 3 yr/ 36k lease? Ended up ordering a 2009 because I couldn't find a stick. Being told residual is 59%. Buy rate MF of .0020 but the dealership is quoting .0026 but may come down to .0024. Does that sound right? Should I be demanding .0020? New to forum and to leasing. Have learned a lot from you all. Thanks!
#2581 of 3200
Re: 2009 335 coupe ?s [caresq] by Car_man HOST
Dec 01, 2008 (2:56 am)
Reply

Replying to: caresq (Nov 25, 2008 12:53 pm)

Here's the information that you're looking for, caresq. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 2008 335i Coupe with 15,000 miles per year are .00170 and 54%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2582 of 3200
Re: Carman! Help please: Lease terms for 2009 335i coupe [yachtsrus] by Car_man HOST
Dec 01, 2008 (3:21 am)
Reply

Replying to: yachtsrus (Nov 25, 2008 4:00 pm)

Hi yachtsrus. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 335i Coupe with 15,000 miles per year are .00170 and 59%, respectively. The numbers for an otherwise identical 36 month lease are .00170 and 54%. As you can see, the dealer that you are working with is attempting to mark your car's money factor up in an attempt to add hidden profit to your deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 259 of 321
1
...
256
257
258
259
260
261
262
...
321
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement